NU Online News Service, May 12, 12:12 p.m.EDT
The National Conference of Insurance Legislators announced ithas written Congress advising that proposals for financial servicesregulatory reform should involve state and federal regulators asequal partners.
NCOIL's letter concerning systemic risk regulation was directedto U.S. Senate Banking and House Financial Services Committeeleaders and emphasized that there is a need for more structuredcommunication between financial regulators.
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